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Portfolio (Quarterly) Guide ↗

Carnegie Investment Counsel

· CIK 0001511506
13F Portfolio $5.1B AUM 559 positions Filed May 1, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 35 New 189 Added 239 Reduced 40 Exited
Page 17 of 28  ·  559 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
321 EPD ENTERPRISE PRODS PARTNERS L Energy 27,751.0 $1.1M 0.02% -16K -36.0% $37.84 -3.3%
322 SFM SPROUTS FMRS MKT INC Consumer Defensive 13,613.0 $1.0M 0.02% +9K +183.6% $77.13 +4.4%
323 AGG ISHARES TR 10,562.0 $1.0M 0.02% +2K +29.4% $99.27 -0.4%
324 VBK VANGUARD INDEX FDS 3,419.0 $1.0M 0.02% -95.0 -2.7% $302.26 +18.0%
325 GBTC GRAYSCALE BITCOIN TRUST ETF Financial Services 19,451.0 $1.0M 0.02% -6K -22.4% $52.76 -7.5%
326 LIN LINDE PLC Basic Materials 2,040.0 $1.0M 0.02% -56.0 -2.7% $495.78 +3.3%
327 MS MORGAN STANLEY Financial Services 6,136.0 $1.0M 0.02% +342.0 +5.9% $164.57 +35.6%
328 OBT ORANGE CNTY BANCORP INC Financial Services 31,428.0 $1.0M 0.02% +3K +10.7% $31.98 +16.4%
329 CI THE CIGNA GROUP Healthcare 3,752.0 $1.0M 0.02% +223.0 +6.3% $266.75 +4.7%
330 EQWL INVESCO EXCHANGE TRADED FD T 8,679.0 $1.0M 0.02% +209.0 +2.5% $115.23 +11.8%
331 BTC GRAYSCALE BITCOIN MINI TR ET Financial Services 33,340.0 $1000K 0.02% +19K +134.5% $29.99 -7.2%
332 WDC WESTERN DIGITAL CORP Technology 3,690.0 $998K 0.02% -367.0 -9.1% $270.49 +175.9%
333 BSMT INVESCO EXCH TRD SLF IDX FD 43,052.0 $991K 0.02% +21K +99.2% $23.02 +0.5%
334 NVMI NOVA LTD Technology 2,245.0 $975K 0.02% -285.0 -11.3% $434.28 +32.5%
335 WEC WEC ENERGY GROUP INC Utilities 8,301.0 $961K 0.02% +331.0 +4.2% $115.77 -3.1%
336 RELX RELX PLC Communication Services 28,724.0 $952K 0.02% -347K -92.3% $33.15 -5.9%
337 IEFA ISHARES TR 10,422.0 $944K 0.02% +820.0 +8.5% $90.53 +7.5%
338 PLD PROLOGIS INC. Real Estate 7,092.0 $937K 0.02% +329.0 +4.9% $132.18 +6.3%
339 SOXX ISHARES TR 2,844.0 $935K 0.02% +178.0 +6.7% $328.66 +94.6%
340 KEY KEYCORP Financial Services 45,315.0 $909K 0.02% -34K -42.7% $20.05 +12.7%
Page 17 of 28  ·  559 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 23.5%
Financial Services 18.9%
Industrials 13.6%
Communication Services 10.0%
Consumer Cyclical 10.0%
Healthcare 9.6%
Consumer Defensive 3.9%
Utilities 3.8%
Energy 2.5%
Basic Materials 2.4%